BEIJING — China calls on the European Union (EU) to provide a fair, just and non-discriminatory business environment for Chinese companies seeking to invest and operate in Europe, a spokesman for the Ministry of Commerce said on Thursday. China hopes the EU will keep its market open, take the concerns of Chinese companies seriously, and…
CAI MENG/CHINA DAILY The US dollar and US Treasury bonds have long been seen as the bedrock of global safe-haven assets. However, since late 2024, growing fiscal and credit risks in the United States have raised market concerns, accelerating the global shift toward more diversified foreign exchange reserves. The weakening safe-haven function of the greenback…
BEIJING — China’s green transition continued to drive the development of renewable energy, which accounted for 91.5 percent of its total newly installed power capacity in the first half of 2025, official data showed Thursday. The country’s newly installed capacity of renewable energy totaled 268 million kilowatts during the January-June period, nearly doubling compared to…
BEIJING — China’s new growth drivers continued to expand steadily in 2024, contributing a greater share to the country’s gross domestic product (GDP), official data showed Thursday. The value-added output of these emerging sectors, comprising new industries, new business formats, and new business models, increased by 6.7 percent year-on-year last year, the National Bureau of…
China Development Bank has recently issued the first tranche of a 180 million yuan ($25 million) loan to Kazakhstan’s state-owned railway company for the procurement of 200 locomotives from Chinese train maker CRRC Corporation Ltd, the bank said in a statement on Thursday. China Development Bank and the Export-Import Bank of China have jointly established…
A recent exhibition held in the World Games Village highlights over 20 locally developed technological products set to enhance operations and logistics at the upcoming… Read More »Chengdu showcases futuristic tech in run-up to World Games
HANGZHOU — As global temperatures hit record highs and heatwaves blanket most of the Northern Hemisphere, Chinese manufacturers are stepping up with innovative cooling solutions, from advanced textiles to smart gadgets, to meet surging global demand for heat relief. At a new material technology company in East China’s Zhejiang province, a batch of cooling fabric…
BEIJING — China’s cyberspace regulator on Thursday summoned US tech giant Nvidia over security risks concerning its H20 AI chip sold to China. The company was asked to give explanations and submit relevant proof materials on this issue. This is aimed at safeguarding cyberspace and data security for Chinese users per laws on network and…
China-Europe green cooperation is injecting fresh impetus into the environmentally friendly transformation of economies across Europe, promoting joint green development between both sides, industry insiders said. A modern power battery plant, derived from Ningde, Fujian province, is operating in an orderly manner in Germany’s Arnstadt, Thuringia — once a key hub of the Central European…
HOHHOT – Erenhot, the largest land port on the China-Mongolia border, recorded a milestone of 20,000 entry and exit China-Europe freight trains since its service launch in 2013, said the China Railway Hohhot Group Co, Ltd on Sunday. Over recent years, along with China’s deepening efforts in international economic and trade cooperation, Erenhot port in…